APRIL COTTAGE, MARKET LANE, GREET, CHELTENHAM, GL54 5BJ - £405,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

APRIL COTTAGE is a small extended detached house of 141m², built sometime between 1950 and 1966, which could now be worth an estimated £607,280. It was last sold for £405,000 in April 2015, which was around 20% above the average April 2015 detached price in the Tewkesbury local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

APRIL COTTAGE Sold Prices

Land registry data shows three sales for APRIL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. All of the three APRIL COTTAGE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 24 APR	£405,000	£338,708	20% above HPI
2004 5 JUL	£310,000	£263,517	18% above HPI
2001 6 JUL	£198,000	£167,313	18% above HPI

APRIL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The three APRIL COTTAGE sales between July 2001 and April 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2004 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2015 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might APRIL COTTAGE be worth now?

APRIL COTTAGE might now be worth an estimated £607,280.

This is based on house price inflation of 49.9%, between April 2015 and March 2025, for detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.9% inflationary increase is applied to the most recent sale price for APRIL COTTAGE of £405,000 on 24th April 2015. For the value to have increased from £405,000 to £607,280 over the ten years and one month to March 2025, the following assumptions must hold true:

• The value of APRIL COTTAGE has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The April 2015 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of APRIL COTTAGE has not materially changed since April 2015.

How Large is APRIL COTTAGE?

APRIL COTTAGE is 141m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses houses in Greet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greet, and where APRIL COTTAGE lies on this distribution: 34% of detached houses houses are smaller than APRIL COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Greet.

APRIL COTTAGE: Plot and Title Map

APRIL COTTAGE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of APRIL COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of APRIL COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is APRIL COTTAGE?

APRIL COTTAGE is located on MARKET LANE in GREET, in the GL54 postcode district. The below map shows the position of APRIL COTTAGE on MARKET LANE.